$MOVE Signal: Negative funding rate short squeeze; go long on a 1H pullback


$MOVE On the 4H Bollinger Bands, the upper band at 0.0148 was broken through by the funding, and the current price 0.01533 is hovering in a weak buy-order zone within a 12% depth imbalance area. RSI on 4H is at 68.94. On 1H, the MACD momentum bars have shrunk from 0.0004 to 0.0001, and short-term momentum is slowing. However, the funding rate is extremely negative at -2%, short-squeeze crowding is at a historical high, and OI remains stable at the 1.5 billion range. Bulls are holding firm and not backing off. Enter around 0.0153 with a risk-reward ratio of 1.5; the stop loss is only 1%, making it worth placing a bet on a small stop loss to accelerate the short squeeze.
🎯Direction: long
⚡Entry/Order: 0.0152840 - 0.0153300
🛑Stop loss: 0.0151767
🚀Target 1: 0.0155599
🚀Target 2: 0.0156749
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50% and move the stop loss up to the break-even level. If the price falls back to the entry level, automatically exit to protect principal.
View real-time market 👇 $MOVE
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MOVE24.3%
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